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481-500 of 1176
covid cases rising in china....need hops beds....
seems like coy is buying up...
sold some sicko tel as vry highly in debt n accumulate tis babe as px is attractive wth div 0.028 lagi gd cash flow n no matter gd/bad time, sick need to go hosp....
Raffles Medical Group
Between Mar 3 and 8, Raffles Medical Group Raffles Medical: BSL -0.86% executive chairman and non-independent director Loo Choon Yong acquired 901,300 shares of the private healthcare provider for a consideration of S$1,033,727. At an average price of S$1.15 per share, this increased his direct interest from 10.68 per cent to 10.74 per cent.
Dr Loo' s total interest in Raffles Medical Group is 52.84 per cent, which has gradually increased from 51.93 per cent at the end of 2014. Raffles Medical Group also bought back 1,920,600 shares over the 5 sessions at an average price of S$1.15 per share.
coy heavy buy back on 7/3 1,120,600 shares at 1.15.....on 8/3 500 shares at 1.15.....
Loo buy some more. It means management have great confidence in the company going forward
DYODD
DYODD
ridethestorm ( Date: 09-Mar-2022 15:30) Posted:
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ytd spotted bullsih pin bar
today no more lower low
if signal line cross above macd, it will go uptrend liao
DYODD
today no more lower low
if signal line cross above macd, it will go uptrend liao
DYODD
thanks for sharing, didnt know qinghui is Dr Loo' s daughter. saw her in the shareholder list and she did buy the shares
Joelton ( Date: 07-Mar-2022 10:19) Posted:
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It is obvious for long term this counter is going to grow BIG.
Very good for investors not for speculators.
DYODD
Very good for investors not for speculators.
DYODD
Joelton ( Date: 07-Mar-2022 10:19) Posted:
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Between Feb 24 and Mar 2, Raffles Medical Group Raffles Medical: BSL +0.87% executive chairman and non-independent director Loo Choon Yong acquired 4.5 million shares of the private healthcare provider for a consideration of S$1.77 million. At an average price of S$1.17 per share, this increased Dr Loo' s direct interest from 10.43 per cent to 10.68 per cent.
This was triple the amount of shares that he acquired in February 2021 at an average price of S$1.02 per share that followed the release of the FY20 financials.
On Feb 24, executive and non-independent director Sarah Lu Qinghui also acquired 1.5 million shares of the group at an average price of S$1.18 per share. Acquired through S & D Holdings, this increased her deemed interest in the company from 3.29 per cent to 3.37 per cent.
She is the daughter of Dr Loo and a shareholder of S & D Holdings, so this acquisition also increased the deemed interest of Dr Loo by 1.5 million shares.
Dr Lu was first appointed a director of Raffles Medical Group in February 2018 at which time she maintained a 3.24 per cent deemed interest in the company.
On Feb 21, Raffles Medical Group reported that its profit after tax and minority interest grew 27.7 per cent to S$84.2 million in FY21 (ended Dec 31) from S$65.9 million in FY20.
Dr Loo noted that with RafflesHospitalShanghai operational, the group now has hospitals in 3 major cities in China.
With this addition to its network of medical facilities and services in the region, the group is able to serve even more local and international patients with the Raffles brand of quality healthcare services.
The group' s network includes 3 tertiary hospitals and more than 100 multi-disciplinary clinics, offering services such as health screening, specialist care, and diagnostic radiology, dental and traditional Chinese medicine.
The group was also active in buying back its shares after reporting its FY21 results, buying back 5 million shares since it reported its FY21.
Dr Loo co-founded the group in 1976 and was appointed to his current position in 1997 when the group was listed.
He is also the chairman of the Asian Medical Foundation and Raffles Health Insurance, as well as director of International SOS (MC Holdings).
Dr Loo' s total interest in Raffles Medical Group is 52.73 per cent, a stake which has gradually increased from 51.93 per cent at the end of 2014.
Raffles Medical Group also bought back 2.9 million shares over the 5 sessions at an average price of S$1.16 per share.
I agreed this is one safe strategy & a good proxy for their performance.
At least the top management and shareholders are aligned.
It is in the medical sector which is recession proof and their markets are ageing population.
Soon-to-be vested.
At least the top management and shareholders are aligned.
It is in the medical sector which is recession proof and their markets are ageing population.
Soon-to-be vested.
Two years ago at the beginning of pandemic I bought RMG shares around 0.76.
It was illiquid and I did not dare to buy more even though I saw RMG shareholders bought as well.
When RMG rose to $1.17, I took some profits and stopped selling when it rose higher breaking 1.21 and higher and higher.
Decided to sell all the rest at $1.38
So when this time it fell below my average sold price of 1.32, I began to acculumate at $1.27
Unfortunately the price broke down. I decided to hold.
Now I am accumulating again at $1.16 and $1.15 after seeing major shareholders buying back.
My belief is you have to be patient. If the major shareholders are buying in a big way, they give us confidence of the company' s future prospects.
Buying shares is not gambling. I want to correct someone who said doctors are big gamblers. They have the capacity to accumulate. Stock market is unpredictable. If you follow and gamble big, you may lose as the share price can go even lower. You need to have the capacity to hold.
Don' t gamble
It was illiquid and I did not dare to buy more even though I saw RMG shareholders bought as well.
When RMG rose to $1.17, I took some profits and stopped selling when it rose higher breaking 1.21 and higher and higher.
Decided to sell all the rest at $1.38
So when this time it fell below my average sold price of 1.32, I began to acculumate at $1.27
Unfortunately the price broke down. I decided to hold.
Now I am accumulating again at $1.16 and $1.15 after seeing major shareholders buying back.
My belief is you have to be patient. If the major shareholders are buying in a big way, they give us confidence of the company' s future prospects.
Buying shares is not gambling. I want to correct someone who said doctors are big gamblers. They have the capacity to accumulate. Stock market is unpredictable. If you follow and gamble big, you may lose as the share price can go even lower. You need to have the capacity to hold.
Don' t gamble
oh okay, thanks for the info
the price somehow has been coming down for months... since it hit ATH 1..58
the price somehow has been coming down for months... since it hit ATH 1..58
ETLee8 ( Date: 03-Mar-2022 14:20) Posted:
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Loo bought more than that. Earlier he bought 2,000,000 shares betwen $1.17 -$1.18.
Information on SGX announcement.
Information on SGX announcement.
ridethestorm ( Date: 03-Mar-2022 12:43) Posted:
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Go sgx cdp...buying big as gd px to long wth div 0.028.....
ridethestorm ( Date: 03-Mar-2022 12:43) Posted:
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oh where did you see the info, Loo bought 750000 shares?
ETLee8 ( Date: 03-Mar-2022 11:11) Posted:
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He will collect approx. 28M in dividends. Likely using the div to buy. He can buy up to 25m shares.
ETLee8 ( Date: 03-Mar-2022 11:11) Posted:
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Doctors are big time " gamblers" .
They push the shares low low and buy back in huge amount.
Loo just bought 750,000 shares this week.
They push the shares low low and buy back in huge amount.
Loo just bought 750,000 shares this week.
halleluyah ( Date: 03-Mar-2022 09:04) Posted:
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the past few days till yesterday coy hv been heavy buying back shares.............showing confidence.....
gotta wait till no more lower lows....
ridethestorm ( Date: 25-Feb-2022 16:23) Posted:
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